Independence Realty Trust IRT
NYSE IRT
$15.09 -0.14 (-0.95%)
As of: Sep 10, 2026 · 12:33 PM EDT

Independence Realty Trust (IRT) EBIT (2011 - 2024)

Independence Realty Trust (IRT) posted EBIT of $37.0 million for Q4 2024, up 24.44% on a QoQ basis from $29.7 million in Q3 2024, and down 6.74% year-over-year from $39.6 million in Q1 2024.

Analysis

Independence Realty Trust (IRT) EBIT (2011 - 2024) Analysis & Trends

Independence Realty Trust has reported EBIT for 12 years, with the latest figure at $37.0 million in Q4 2024.

  • On a quarterly basis, EBIT fell 6.74% year-over-year to $37.0 million in Q4 2024; TTM through Dec 2024 was $134.8 million, a 13.1% increase from a year earlier, with the FY2024 full-year figure at $121.6 million, down 16.74% from the prior year.
  • EBIT was $37.0 million for Q4 2024 at Independence Realty Trust, up from $29.7 million in the prior quarter.
  • The five-year high for EBIT was $39.6 million in Q4 2023, with the low at $7.0 million in Q1 2020.
  • Average EBIT over 3 years is $30.6 million, with a median of $33.8 million recorded in 2023.
  • The sharpest annual moves came in 2020 and 2024: EBIT sank 43.3% in 2020, then fell 6.74% in 2024.
  • Over 3 years, EBIT stood at $7.0 million in 2020, then surged by 468.7% to $39.6 million in 2023, then fell by 6.74% to $37.0 million in 2024.
  • The last three EBIT figures came in at $37.0 million (Q4 2024), $29.7 million (Q3 2024), and $28.6 million (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Vivmark Residential 24.20 Bn 24.20 Bn - 202.93 Mn
2 Invitation Homes 16.37 Bn 16.37 Bn 705.34 Mn 47.83 Mn
3 Mid America Apartment Communities 14.50 Bn 14.38 Bn 537.17 Mn 318.45 Mn
4 Sun Communities 14.16 Bn 14.16 Bn 460.10 Mn 25.70 Mn
5 Equity Lifestyle Properties 11.70 Bn 11.70 Bn 375.97 Mn 99.36 Mn
6 American Homes 4 Rent 11.38 Bn 11.38 Bn - -
7 Udr 11.30 Bn 11.30 Bn 412.43 Mn 115.86 Mn
8 Camden Property Trust 10.50 Bn 10.50 Bn - 63.40 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 227.03 Mn
10 Independence Realty Trust 3.55 Bn 3.55 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 36.95 Mn
Sep 30, 2024 29.69 Mn
Jun 30, 2024 28.55 Mn
Dec 31, 2023 39.62 Mn
Sep 30, 2023 38.80 Mn
Jun 30, 2023 33.81 Mn
Mar 31, 2020 6.97 Mn
Dec 31, 2019 11.26 Mn
Sep 30, 2019 10.40 Mn
Jun 30, 2019 10.50 Mn
Mar 31, 2019 12.29 Mn
Dec 31, 2018 14.02 Mn
Sep 30, 2018 13.97 Mn
Jun 30, 2018 12.14 Mn
Mar 31, 2018 11.70 Mn
Dec 31, 2017 11.45 Mn
Sep 30, 2017 10.98 Mn
Jun 30, 2017 11.22 Mn
Mar 31, 2017 11.78 Mn
Dec 31, 2016 10.64 Mn